Is It Time To Move on to a New Home?
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years.
![Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20210918/16/w600_original_4f5937ce-6d12-4405-95de-78e6fd2148d2-png.webp)
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some HighlightsWhether you’re buying or selling – today’s housing market has plenty of good news to go around.Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale.If this soun
Is the Number of Homes for Sale Finally Growing?
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frus
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